SingularityNET (AGIX) has been one of the best performing AI cryptocurrencies in February. Its value soared a massive 171%, taking SingularityNET to over $0.71. However, experts believe that SingularityNET could face a correction, causing many investors to choose alternative projects such as KangaMoon.
KangaMoon Hits A New ATH After 50% Price Surge
KangaMoon is pioneering meme coin developments with its latest hybrid model. This innovative project combines social-fi features with P2E gaming to create the world’s largest and most interactive community.
The project will actively promote social activity. Users will be rewarded for their social engagement, and will also be able to take part in weekly, monthly, and quarterly challenges to earn rewards.
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Social rewards will be available throughout the KangaMoon presale. Investors who help to share the project on social media and help it go viral will earn additional $KANG tokens. This incentive is designed to help attract like-minded investors and speed up adoption.
The KangaMoon game will focus on battles. Within each battle, players can earn rewards, and spectators can bet on the overall outcome. These rewards can then be sold via the KangaMoon marketplace.
Currently in stage 2 of its presale, KangaMoon tokens are selling for $0.0075. $KANG has already surged 50% during its presale, and experts predict that $KANG could offer returns of 220% before its presale ends. During stage 2, investors will receive a 10% buy bonus, though this will only be available for a limited time.
Analytics Firm Satiment Weighs in on SingularityNET
SingularityNET has been one of the most bullish cryptocurrencies over the last 30 days. Its value increased by 171.26%, and SingularityNET has moved into the top 50 ranked cryptocurrencies by trading volume. However, a deeper analysis of its recent trends suggests that SingularityNET could be on track to face a steep correction.
According to recent analysis by Santiment, SingularityNET has experienced significant on-chain growth over the last week. The number of addresses reached an all-time high of 93,000, and transaction volumes have rocketed.
Due to its growth, 99% of AGIX investors are now in profit. Nonetheless, the crypto bulls are moving in. At the time of writing, SingularityNET’s relative strength index (RSI) is currently 94. This suggests that SingularityNET is extremely overbought, and therefore, a pullback is imminent.
Furthermore, there’s also a huge divide between SingularityNET’s 50 and 100 simple moving averages. As a result, bearish analysts predict that SingularityNET could retrace to $0.35, causing the project to crash by over 50%.
Can KangaMoon Ride The Bull Market Wave?
With Bitcoin halving approaching, KangaMoon is in an extremely strong position. Having already attracted over 3,000 investors, the project’s momentum is snowballing. Stage 2 has been its most popular presale round to date, and now, $KANG tokens are on track to experience another price increase in Q1. As a result, crypto experts are calling KangaMoon a must-have investment for individuals looking for a portfolio boost in 2024.
Discover the Exciting Opportunities of the Kangamoon (KANG) Presale Today!
Website: https://Kangamoon.com/
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